Great Falls tribune. [volume] (Great Falls, Mont.) 1887-1890, 1887-05-28
OUR WOOL INTERESTS.
The General State of the Eastern
and Other Markets.

report On the WOOL market, prepared D
, Denny, Rice & Co.
e The total receipts of wool at this por
during the past week comprises 2977 bag
domestic and 2499 bales foreign, agains
4o55 bags domestic and $3.50 bales foreign
for the same time last year. The total re
ceipts since January /, 1887, comprise IS,
CTS bags domestic and Sc, 1914 bales foreign
against 1911 bags domestic and 1857
bales foreign for the corresponding perioC
of 1886. The sales for the week comprise
,126,300 lbs of domestic fleece and pulled
and 6o3,000 lbs of foreign, making tho
weeks tranactions foot ur 100000 fbs
against 1,7S3,300 and 100000 lbs for the
two previous weeks transactions.
The market has for the season been
fairly active, and the leading feature
has been movement in Australian cross
breeds. The market is reviewed in detail
below.
THE MARKET IN DETAIL.
/ It ought to be borne to mind that the
wool warket is generallg dull at this sea-
son. The leading features has been the
demand for Australian crossbreeds by the
Riverside mills, and prices have been ac-
cepted by holders which would have been
rejected two weeks ago. This is more
noticeable, as the representative buyer of
that corporation has been in London right
along, and if the wool could have been
bought TO advantage there it would have
been. The transactions, which, with the
exception of $4,000 lbs. choice Australian
clothing at 41c, foot up about 900 bales of
crossbreeds, which were bought on the
basis of 63M6Gc secured. This has
| strengthened the market for Australian
woois, which are In strong position.
1t is claimed that while u year ago there
We're 10000 bales of Australian here and
on the way, there are now only 5000
| bales. There were also here last year 10,-
900 bales of Montevideo woods, while now
there are none.
| During the week the barque Subra ar
rived from Melbourne with .621 bales of
wool. To-day another large mill is in the
market for Australian wool, but holders
are asking strong and full prices. These
sales Indicate, what has been previously
referred to, that higher prices for domes-
tic fleece are out of the question So long
as Australian woods can be bought at such
low prices. Telegraph advices from Cal
Ifornla report great activity with large
purchases by Boston and New York par
ties. About 500,0 900 lbs Red Bluff woods
have been sold at 20c.
The San Francisco Bulletin has this
about the market: The market is fairly
active at quoted rates. Woolss are COM
ing in from the southern districts very
freely and the bulk of this class Of stock
will soon have been sold. The northern
woods are expected to be here by the 18th
of the month, and then values will depend |
much on the condition of the product 1t |
is as yet too soon to hazard any opinion |
as to prices that may rule for these des-
scriptions Reported sales of 100000 lbs. |
within our range of prices We quote:
Poor short spring, seedy and bury, " lb 1s@15c
Good short spring. seedy, u lb..........1 .15a17c |
Choice short spring, free, u lb .......... 7@1sc
Good years, spring, free, u ID .......... I5c |
Fair years spring, seedy, U b.. 14@15c |
Poor years spring, seedy and bury, " lb 12@13c |
Freight rates from San Francisco are
unchanged at = per pound on all grease
woods. New California wool is offered |
here on the basis of 5e@60c secured
TILE TEXAN CLIP.
Here is what the Texas Lire Stock Joua'-
nat says of the San Antonio wool market:
at was generally thought that the sale of /
the Carr clip, reported last week, would
open the market here, but such has not
proved the case. No more transactions
are reported, and just now there is no GER
tainty when any will take place. Several
more buyers have arrived and samples are
being sent on and advices waited for.
Holders are stiff for slight advance on
last years opening prices, and are sanguine
that when the condition OF the wool is
seen in the eastern markets the increase
will be allowed. In the meantime, buyers
have been around at other points, and small
are reported at Austin, Tay-
lor and elsewhere, with prices withheld,
but it is understood that last springs pri-
ces have been maintained. The stock has
gradually increased until there must be
from 1900 TO 5000 bagsin The San AntonioI
market. The demand seems to be some
what more for fine grades than it was last
year, when medium was the favorite. Of
fers are scarce as yet, but holders. are stiff
at from 16 to 10 cents for six months and !,
Is to % for 12 months clips, according to
quality and condition. Many ranehmen
have not yet sheared, and the season prom
ses to be long one this spring and may .
hold on till the middle of June or the first
Of July
Telegraphic advices are later, and they
'eport the stock in San Antonio was, on
Wednesday, 1000 bags. With this aeeu
mutation a good selection was offered
md buyers stepped in on Wednesday SO
hat large sales were made at is "a zoe for
and months wools Nearly 1000 BAGS
we're sold. Higher prices are asked. t
some samples of new Texas wools are |
lere now
In Kentucky prices are stronger at 2Sn t
'0c. There is no old wool here, eitherI
lothing or eonfsing. The mills here
lain that they cannot afford to pay ey-
RENE prices for Kentucky woods, and will
IMPORT English eombing wools The Pa G
ifie mill has bought 1,0o0,0 900 lbs Of Eng g
ish combing Wools on the other side. h